The last 2 months Wall Street’s top stock market strategists such as Goldman, ML, CS, UBS have been publishing their predictions for 2015 with respect to the S&P 500. Looking back Wall Street strategists have underestimated where the S&P would go by around 5% on average. See the nice chart of business insider below:
Looking ahead, the top Wall Street strategists are expecting for 2015 on average a S&P 500 level of 2200:
Strategist | Firm | End of 2015 S&P 500 target |
---|---|---|
Jonathan Glionna | Barclays | 2100 |
David Kostin | Goldman Sachs | 2100 |
Andrew Garthwaite | Credit Suisse | 2100 |
David Bianco | Deutsche Bank | 2150 |
Savita Subramanian | B. of A. Merrill Lynch | 2200 |
Dan Greenhaus | BTIG | 2200 |
Julian Emanuel | UBS | 2225 |
Sam Stovall | S&P Capital IQ | 2225 |
Dubravko Lakos-Bujas | J.P. Morgan | 2225 |
Brian Belski | BMO Capital | 2275 |
Adam Parker | Morgan Stanley | 2275 |
John Stoltzfus | Oppenheimer | 2311 |
Average | 2200 |